First Milling Co. 2024 Annual Results
First Milling Co. (2283) reported full year 2024 revenue of SAR 1.05B, up 8.8% from SAR 964M in 2023. Net profit came in at SAR 251M, up 13.9% year on year. Earnings per share were SAR 4.53. The company generated SAR 306M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.
Earnings Quality
Of every SAR 1.00 in reported net profit, SAR 1.22 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.22.
Year on Year Comparison
Revenue increased by 8.8% compared to 2023. Net profit increased by 13.9%. Both revenue and profit grew — indicating expanding business.
Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2025-03-17.